Civic Intelligence

Robert H Moore Housing Development Fund Corp

990 • Fiscal year 2024 • EIN 55-0849044

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 19, 2025

Organization ProfileN/A
86 Route 59 EastSpring Valley, NY 10977

(845) 356-7773

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.18x

Higher debt load relative to assets than 30% of similar nonprofits.

2024 filings • NTEE L • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

1.13x

Higher debt load relative to revenue than 40% of similar nonprofits.

2024 filings • NTEE L • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-27%

Higher net margin than 20% of similar nonprofits.

2024 filings • NTEE L • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • NTEE L • $5M-$10M nonprofits • Source year 2024

Asset Growth

44th percentile

-0.8%

Faster asset growth than 44% of similar nonprofits.

2024 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

53%

Faster revenue growth than 90% of similar nonprofits.

2024 filings • NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets30th percentile

Assets

Down

$6,468,939

Down $52,572 (-0.8%) from 2023

Net Assets

Down

$5,301,724

Down $283,698 (-5.1%) from 2023

Liabilities

Up

$1,167,215

Up $231,126 (+25%) from 2023

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin20th percentile

Revenue

Up

$1,035,540

Up $358,781 (+53%) from 2023

Expenses

Up

$1,319,238

Up $199,359 (+18%) from 2023

Net Income

Up

-$283,698

Up $159,422 (+36%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $8,921,114Liabilities 2010: $38,061Net Assets 2010: $8,883,0532010Assets 2011: $8,745,129Liabilities 2011: $44,837Net Assets 2011: $8,700,2922011Assets 2012: $8,542,487Liabilities 2012: $73,302Net Assets 2012: $8,469,1852012Assets 2013: $8,367,868Liabilities 2013: $74,757Net Assets 2013: $8,293,1112013Assets 2014: $8,176,650Liabilities 2014: $72,371Net Assets 2014: $8,104,2792014Assets 2015: $7,996,713Liabilities 2015: $74,514Net Assets 2015: $7,922,1992015Assets 2016: $7,819,458Liabilities 2016: $126,737Net Assets 2016: $7,692,7212016Assets 2018: $7,417,361Liabilities 2018: $68,523Net Assets 2018: $7,348,8382018Assets 2019: $7,204,312Liabilities 2019: $98,103Net Assets 2019: $7,106,2092019Assets 2020: $7,125,890Liabilities 2020: $316,951Net Assets 2020: $6,808,9392020Assets 2021: $6,916,085Liabilities 2021: $449,778Net Assets 2021: $6,466,3072021Assets 2022: $6,666,891Liabilities 2022: $638,349Net Assets 2022: $6,028,5422022Assets 2023: $6,521,511Liabilities 2023: $936,089Net Assets 2023: $5,585,4222023Assets 2024: $6,468,939Liabilities 2024: $1,167,215Net Assets 2024: $5,301,7242024

Highlighted filing

2024

Assets$6,468,939
Liabilities$1,167,215
Net Assets$5,301,724
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,075,560Expenses 2010: $753,467Net Income 2010: $322,0932010Revenue 2011: $559,203Expenses 2011: $741,964Net Income 2011: -$182,7612011Revenue 2012: $576,516Expenses 2012: $807,623Net Income 2012: -$231,1072012Revenue 2013: $584,875Expenses 2013: $760,949Net Income 2013: -$176,0742013Revenue 2014: $615,445Expenses 2014: $804,277Net Income 2014: -$188,8322014Revenue 2015: $656,529Expenses 2015: $838,609Net Income 2015: -$182,0802015Revenue 2016: $668,384Expenses 2016: $897,862Net Income 2016: -$229,4782016Revenue 2018: $777,499Expenses 2018: $949,419Net Income 2018: -$171,9202018Revenue 2019: $730,745Expenses 2019: $973,374Net Income 2019: -$242,6292019Revenue 2020: $757,461Expenses 2020: $1,054,731Net Income 2020: -$297,2702020Revenue 2021: $801,387Expenses 2021: $1,144,019Net Income 2021: -$342,6322021Revenue 2022: $674,440Expenses 2022: $1,112,205Net Income 2022: -$437,7652022Revenue 2023: $676,759Expenses 2023: $1,119,879Net Income 2023: -$443,1202023Revenue 2024: $1,035,540Expenses 2024: $1,319,238Net Income 2024: -$283,6982024

Highlighted filing

2024

Revenue$1,035,540
Expenses$1,319,238
Net Income-$283,698
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 19, 2025
Return Version
2024v5.2
Gross Receipts
$1,035,540
Mission and Program Overview

Mission

Operate apartment building

Operate senior housing apartment building

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,903,671$5,661,039▼ $242,632
Accounts Receivable$25,096$221,567▲ $196,471
Prepaid Expenses and Deferred Charges$17,095$102,008▲ $84,913
Cash and Non-Interest-Bearing Accounts$8,923$17,174▲ $8,251
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,521,511$6,468,939▼ $52,572
Other Assets Total$566,726$467,151▼ $99,575
Liabilities
Accounts Payable and Accrued Expenses$919,309$654,206▼ $265,103
Mortgage Notes Payable Secured by Investment Property$0$480,391▲ $480,391
Escrow Account Liability$0$17,350▲ $17,350
Other Liabilities$15,909$0▼ $15,909
Deferred Revenue$871$15,268▲ $14,397
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$936,089$1,167,215▲ $231,126
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,298,400$9,298,400→ $0
Net Assets Without Donor Restrictions$-3,712,978$-3,996,676▼ $283,698
Total Net Assets Fund Balance$5,585,422$5,301,724▼ $283,698
Total Liabilities and Net Assets / Fund Balance$6,521,511$6,468,939▼ $52,572

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,553,115$3,927,494$9,480,609
Equipment$107,924$106,113$214,037
Other Land Buildings$0$16,800$16,800
Other Assets Org$17,540--
Compensation and Service Providers
Top Officer Pay33rd percentile

Board Members and Trustees

NameTitle
Alison LiburdPresident
James WhitfeildCEO
Ronela T JobSecretary
Daisy DobbinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$640,325
Program Service Revenue
$297,599
Investment Income
$8,515
Other Revenue
$89,101
Change in Net Assets
$-283,698

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,035,540
Total Revenue per Audited Statements
$1,035,540
Total Revenue per Form 990
$1,035,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,167,302
Salaries, Compensation, and Employee Benefits$151,936
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$704,840--$704,840
Depreciation Depletion$273,191--$273,191
Other Salaries and Wages$131,376--$131,376
Office Expenses$60,751--$60,751
Fees for Services Management-$56,955-$56,955
Fees for Services Accounting-$25,584-$25,584
Payroll Taxes$11,582--$11,582
Other Expenses$9,695--$9,695
Advertising$9,430--$9,430
Other Employee Benefits$8,978--$8,978
Conferences and Meetings-$1,425-$1,425
Fees for Services Legal$222--$222
Total Functional Expenses$1,235,274$83,964$0$1,319,238

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,319,238
Total Expenses per Audited Statements$1,319,238
Total Expenses per Form 990$1,319,238
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The board contracted with capital realty group, inc. To manage the rental property through a management contract agreement. The management company reports to the board on a monthly basis.”

Form 990, Part VI, Section B, Line 11B

“The draft form 990 is initially provided to the managing agent for review and comments. Once reviewed and comments addressed,copy of the draft form 990 is provided to the board through the board chair for review comments and approval for submission to the irs.”

Form 990, Page 6, Part VI, Line 12C

“On an annual basis, all board members, managing agent and key employees are required to disclose any conflict or potential conflict of interest. The disclosures are reviewed by the board members. Any member(s) with conflict of interest will not be allowed to vote on matters related to the conflict of interest.”

Form 990, Page 6, Part VI, Line 15B

“The organization has contracted the capital realty group, inc to manage the project. Management fees are determined and approved by the u.s. Housing and urban development. Compensation of project employees for maintenance and other administrative tasks are initially determined by the managing agent based on experience and rates offered by similar entities in the area, and then presented to the board.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Robert H Moore Housing Development Fund Corp
EIN
55-0849044
In Care Of
% CAPITAL REALTY GROUP
Phone
8453567773
Address
86 Route 59 East, SPRING VALLEY, NY 10977

Signing Officer

Name
James Whitfeild
Title
CEO
Phone
8453567773
Signed
2025-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Whitfeild
Formed
2004
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
3

Preparer

Firm
Fogel Klein LLP
Address
50 Chestnut Ridge Rd Ste 202, Montvale, NJ 07645-1814
Preparer
Moshe Klein
Phone
2016000026
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“This process has changed from prior year. The board of directors has delegated the current management agent to assume reponsibility for oversight of the audit and selection of an independent auditor.”

Financial Statement Notes

Part IV, Line 2B

“The tenant security deposit account was established according to hud regulations for safekeeping of the tenant's initial rental deposits. Additions to this account occur when a tenant moves in and as interest accrues. Disbursement of these funds can only be made when a tenant vacates the apartment.”

Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0919309
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0654206
IRS990/AccountsReceivableGrp/BOYAmt025096
IRS990/AccountsReceivableGrp/EOYAmt0221567
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityCd0531110
IRS990/ActivityOrMissionDesc0OPERATE SENIOR HOUSING APARTMENT BUILDING
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt09430
IRS990/AdvertisingGrp/TotalAmt09430
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CAPITAL REALTY GROUP
IRS990/BooksInCareOfDetail/PhoneNum08453567773
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt086 ROUTE 59 EAST
IRS990/BooksInCareOfDetail/USAddress/CityNm0Spring Valley
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010977
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt08923
IRS990/CashNonInterestBearingGrp/EOYAmt017174
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01425
IRS990/ConferencesMeetingsGrp/TotalAmt01425
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0640325
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08515
IRS990/CYOtherExpensesAmt01167302
IRS990/CYOtherRevenueAmt089101
IRS990/CYProgramServiceRevenueAmt0297599
IRS990/CYRevenuesLessExpensesAmt0-283698
IRS990/CYSalariesCompEmpBnftPaidAmt0151936
IRS990/CYTotalExpensesAmt01319238
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01035540
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0871
IRS990/DeferredRevenueGrp/EOYAmt015268
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0273191
IRS990/DepreciationDepletionGrp/TotalAmt0273191
IRS990/Desc0THE PROJECT OWNS AND OPERATES AN APARTMENT COMPLEX IN BROOKLYN, NEW YORK. THE BUILDING WHICH CONTAINS 59 RESIDENTIAL UNITS WAS CONSTRUCTED AND OPERATED UNDER SECTION 202 OF THE HOUSING ACT OF 1959 AND REGULATED BY THE U.S. HUD. HUD SECTION 202 PROGRAM PROVIDES AFFORDABLE HOUSING ASSISTANCE TO SENIOR CITIZEN OVER THE AGE OF 62 YEARS OLD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt09298400
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt09298400
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt017350
IRS990/ExpenseAmt01235274
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025584
IRS990/FeesForServicesAccountingGrp/TotalAmt025584
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0222
IRS990/FeesForServicesLegalGrp/TotalAmt0222
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt056955
IRS990/FeesForServicesManagementGrp/TotalAmt056955
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0James Whitfeild
IRS990/Form990PartVIISectionAGrp/PersonNm1Alison Liburd
IRS990/Form990PartVIISectionAGrp/PersonNm2Daisy Dobbins
IRS990/Form990PartVIISectionAGrp/PersonNm3Ronela T Job
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0640325
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01035540
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt08515
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08515
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04050407
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05903671
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05661039
IRS990/LandBldgEquipCostOrOtherBssAmt09711446
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Operate Apartment Buuilding.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0480391
IRS990/NetAssetsOrFundBalancesBOYAmt05585422
IRS990/NetAssetsOrFundBalancesEOYAmt05301724
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3712978
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3996676
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0704840
IRS990/OccupancyGrp/TotalAmt0704840
IRS990/OfficeExpensesGrp/ProgramServicesAmt060751
IRS990/OfficeExpensesGrp/TotalAmt060751
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0566726
IRS990/OtherAssetsTotalGrp/EOYAmt0467151
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08978
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08978
IRS990/OtherExpensesGrp/Desc0ELDERLY CARE EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER TAX EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt025209
IRS990/OtherExpensesGrp/ProgramServicesAmt19695
IRS990/OtherExpensesGrp/TotalAmt025209
IRS990/OtherExpensesGrp/TotalAmt19695
IRS990/OtherLiabilitiesGrp/BOYAmt015909
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0WRITE OFF OF PRIOR YEAR(S) INVOICES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt089101
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt089101
IRS990/OtherRevenueTotalAmt089101
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0131376
IRS990/OtherSalariesAndWagesGrp/TotalAmt0131376
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011582
IRS990/PayrollTaxesGrp/TotalAmt011582
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017095
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0102008
IRS990/PrincipalOfficerNm0JAMES WHITFEILD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0297599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0297599
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt052
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01017095
IRS990/PYOtherRevenueAmt03223
IRS990/PYProgramServiceRevenueAmt0673484
IRS990/PYRevenuesLessExpensesAmt0-443120
IRS990/PYSalariesCompEmpBnftPaidAmt0102784
IRS990/PYTotalExpensesAmt01119879
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0676759
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-283698
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0297599
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0640325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0640325
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08515
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0162
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08872
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0297599
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0676707
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0671810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0679781
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0715075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03040972
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08515
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0162
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08872
IRS990ScheduleA/InvestmentIncomeCYPct00.00234
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt089101
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02223
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01630
IRS990ScheduleA/OtherIncome509Grp/TotalAmt092954
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97308
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt03681297
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0937924
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0676707
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0671810
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0679781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0715075
IRS990ScheduleA/Total509Grp/TotalAmt03681297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01035540
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0678982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0673497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0679867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0715237
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03783123
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt05553115
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03927494
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09480609
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107924
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106113
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0214037
IRS990ScheduleD/ExpensesSubtotalAmt01319238
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0424233
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt113508
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt211870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt317540
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2UTILITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3SECURITY DEPOSIT SAVINGS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016800
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016800
IRS990ScheduleD/RevenueSubtotalAmt01035540
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TENANT SECURITY DEPOSIT ACCOUNT WAS ESTABLISHED ACCORDING TO HUD REGULATIONS FOR SAFEKEEPING OF THE TENANT'S INITIAL RENTAL DEPOSITS. ADDITIONS TO THIS ACCOUNT OCCUR WHEN A TENANT MOVES IN AND AS INTEREST ACCRUES. DISBURSEMENT OF THESE FUNDS CAN ONLY BE MADE WHEN A TENANT VACATES THE APARTMENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05661039
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0467151
IRS990ScheduleD/TotalExpensesPerForm990Amt01319238
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt01035540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01035540
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01319238
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD CONTRACTED WITH CAPITAL REALTY GROUP, INC. TO MANAGE THE RENTAL PROPERTY THROUGH A MANAGEMENT CONTRACT AGREEMENT. THE MANAGEMENT COMPANY REPORTS TO THE BOARD ON A MONTHLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DRAFT FORM 990 IS INITIALLY PROVIDED TO THE MANAGING AGENT FOR REVIEW AND COMMENTS. ONCE REVIEWED AND COMMENTS ADDRESSED,COPY OF THE DRAFT FORM 990 IS PROVIDED TO THE BOARD THROUGH THE BOARD CHAIR FOR REVIEW COMMENTS AND APPROVAL FOR SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AN ANNUAL BASIS, ALL BOARD MEMBERS, MANAGING AGENT AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OR POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURES ARE REVIEWED BY THE BOARD MEMBERS. ANY MEMBER(S) WITH CONFLICT OF INTEREST WILL NOT BE ALLOWED TO VOTE ON MATTERS RELATED TO THE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS CONTRACTED THE CAPITAL REALTY GROUP, INC TO MANAGE THE PROJECT. MANAGEMENT FEES ARE DETERMINED AND APPROVED BY THE U.S. HOUSING AND URBAN DEVELOPMENT. COMPENSATION OF PROJECT EMPLOYEES FOR MAINTENANCE AND OTHER ADMINISTRATIVE TASKS ARE INITIALLY DETERMINED BY THE MANAGING AGENT BASED ON EXPERIENCE AND RATES OFFERED BY SIMILAR ENTITIES IN THE AREA, AND THEN PRESENTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS PROCESS HAS CHANGED FROM PRIOR YEAR. THE BOARD OF DIRECTORS HAS DELEGATED THE CURRENT MANAGEMENT AGENT TO ASSUME REPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,468,939
Liabilities
$1,167,215
Net assets
$5,301,724
Revenue
$1,035,540
Expenses
$1,319,238
Net income
-$283,698
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.47$1.17$5.30$1.04$1.32$0.28
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.52$0.94$5.59$0.68$1.12$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$0.64$6.03$0.67$1.11$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.92$0.45$6.47$0.80$1.14$0.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.13$0.32$6.81$0.76$1.05$0.30
2019Summary only. Only limited summary data is available for this year.$7.20$0.10$7.11$0.73$0.97$0.24
2018Summary only. Only limited summary data is available for this year.$7.42$0.07$7.35$0.78$0.95$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.82$0.13$7.69$0.67$0.90$0.23
2015Detailed filing. Detailed filing data is available for this year.$8.00$0.07$7.92$0.66$0.84$0.18
2014Detailed filing. Detailed filing data is available for this year.$8.18$0.07$8.10$0.62$0.80$0.19
2013Summary only. Only limited summary data is available for this year.$8.37$0.07$8.29$0.58$0.76$0.18
2012Summary only. Only limited summary data is available for this year.$8.54$0.07$8.47$0.58$0.81$0.23
2011Summary only. Only limited summary data is available for this year.$8.75$0.04$8.70$0.56$0.74$0.18
2010Summary only. Only limited summary data is available for this year.$8.92$0.04$8.88$1.08$0.75$0.32